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American Journal of Agricultural Economics

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Friedman, Benjamin M. The Moral Consequences of Economic Growth.
Friedman, Benjamin M. The Moral Consequences of Economic Growth. New York, NY: Vintage Books, 2005, 592 pp. $16.95. The purpose of this interesting offering by Professor Friedman is to explore . . .

Schrank, W.E., R. Arnason, and R. Hannesson. The Cost of Fisheries Management.
Schrank, W.E., R. Arnason, and R. Hannesson. The Cost of Fisheries Management. Hants, UK: Ashgate Publishing Limited, 2003, 302 pp. By providing a theoretical and empirical analysis of the cost . . .

Schonhardt-Bailey, Cheryl. From Corn Laws to Free Trade: Interests, Ideas, and Institutions in Historical Perspective.
Schonhardt-Bailey, Cheryl. From Corn Laws to Free Trade: Interests, Ideas, and Institutions in Historical Perspective. Cambridge, MA: MIT Press, 2006, 426 pp., $47.50. IBSN: 0-262-19543-7. This . . .

Hamilton, Kirk and Giles Atkinson. Wealth, Welfare and Sustainability: Advances in Measuring Sustainable Development.
Hamilton, Kirk and Giles Atkinson. Wealth, Welfare and Sustainability: Advances in Measuring Sustainable Development. Cheltenham, UK and Northampton, MA: Edward Elgar, 2006, 214 pp. The authors . . .

Ruttan, Vernon W. Is War Necessary for Economic Growth? Military Procurement and Technology Development.
Ruttan, Vernon W. Is War Necessary for Economic Growth? Military Procurement and Technology Development. New York: Oxford University Press, 2006, xi + 219 pp., ISBN 0-19-518804-7. Sustainable . . .

Property rights and natural resource management incentives: do transferability and formality matter?(Report)
Ill-defined property rights and consequent natural resource mismanagement are said to be common in developing countries, where governments--as de jure providers and enforcers of such . . .

The choice of regulatory instrument when there is uncertainty about compliance with fisheries regulations.(Report)
Economic overexploitation may result if a fishery is not regulated. The costs of an individual fisherman will depend not only on his own catch but, in general, also on the total fish stock . . .

Forecasting resource-allocation decisions under climate uncertainty: fire suppression with assessment of net benefits of researc
Public and private sector managers must regularly make input-allocation decisions with consequences that depend on future states of nature. Because these states of nature are not known . . .

Economic development prospects of forest-dependent communities: analyzing trade-offs using a compromise-fuzzy programming framew
In Canada, federal and provincial governments have historically promoted economic development in rural regions via the exploitation of natural resources. Forests played a key role in that . . .

A principal-agent model for evaluating the economic value of a traceability system: a case study with injection-site lesion cont
The beef supply chain consists of multiple production stages that transfer cattle and beef downstream using market transactions. Qualities, quantities, and prices are established through . . .

A bioeconomic model of cattle stocking on rangeland threatened by invasive plants and nitrogen deposition.(Report)
Climate, biogeochemical cycles, species distribution, and other natural phenomena are being changed by anthropogenic activities on a global scale (Millennium Ecosystem Assessment 2005). The . . .

The gains from differentiated policies to control stock pollution when producers are heterogeneous.(Report)
Some major pollution problems including ground and surface water contamination, soil erosion, buildup of pesticides resistance, and even climate changes are frequently stock externality problems . . .

Point/nonpoint effluent trading with spatial heterogeneity.(Report)
There is considerable interest in effluent trading as a means of meeting water quality goals (Shortle and Horan 2001). In the United States, effluent trading schemes have been discussed for almost . . .

The effects of exchange rate volatility on agricultural trade.(Report)
Since the breakdown of the Bretton Woods System in the early 1970s, when previously fixed exchange rates among major currencies were allowed to float, researchers have been interested in the . . .

Effects on welfare measures of alternative means of accounting for preference heterogeneity in recreational demand models.(Repor
For many years, the assumption that preferences are homogenous dominated revealed preference analysis of the demand for non-market goods albeit with some notable exceptions such as Morey (1981) . . .

Utility in willingness to pay space: a tool to address confounding random scale effects in destination choice to the Alps.(Repor
Nonmarket values of qualitative changes in sites for outdoor recreation are often investigated by estimating random utility models (RUMs) of site selection (Bockstael, Hanemann, and Kling 1987; . . .

Indifference pricing of weather derivatives.(Report)
Weather is undeniably one of the most important sources of risk in agriculture, and it seems that fluctuations of temperature and precipitation have even increased in the last decade due to . . .

Spatial-temporal model of insect growth, diffusion and derivative pricing.(Report)
Derivative securities are used for risk management purposes in a number of industries. Derivatives, as they are generically called, are financial instruments that assume a value based on an . . .

Spatio-temporal modeling of agricultural yield data with an application to pricing crop insurance contracts.(Report)
********** Historically, crop insurance in Brazil has been offered by the government at both the federal and state levels. In spite of the government's efforts, the experience with crop insurance . . .

What explains the increased utilization of Powder River Basin coal in electric power generation?(Report)
Since the inception of the Clean Air Act in 1970, S[O.sub.2] emissions in the United States declined by 50% at less than 10% of the originally estimated cost (Kerr 1998). Much of this reduction . . .

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